New financing plan in the works for Knapp's redevelopment

The Eyde Company has announced a new financing plan that could move the redevelopment plans for the Downtown Lansing Knapp's building forward. 

According to excerpts from the article:

The East Lansing developer will end up putting more of its own money into the roughly $36 million project because it did not receive a $2 million federal grant. That grant was part of a complex deal that includes millions of dollars worth of tax incentives.